Comments for Pt Chevalier Auckland New Zealand

Comment on Pt Chevalier from the air! by Alistair Helm

Alistair Helm — Tue, 09 Mar 2010 07:58:32 +0000

Ross,

Stunning photos – looking so clearly at the peninsula it struck me that you must be the ultimate expert on the local area – you must know everything about every house. From the air you must be able to say – oh that house – that was sold in … for $… and they did it up and sold it to … who used to live …

Brilliant!!!!

Comment on Open Home shortlists – how do you create one? by Neil Walker

Neil Walker — Sat, 06 Mar 2010 19:48:45 +0000

I think it’s a case of the current market we are operating in. There seems to be fewer buyers actively looking and at the same time more homes for sale. As consumers we are now more comfortable in going to the open home, rather than calling the agent. We want to remain in control of what we view. I think there is real opportunity for agents to sell their service to the buyer. “tell me what you are after in your next home and let me whittle down the list for you” or ” I’ll take you – no charge!”
Some agents are often slow to respond to market changes. Some continue to work with buyers in the same way, even though their market may have changed from a sellers market to a buyers market. Failing to change strategy when needed has its consequences.

Comment on Apple iPad by Ross Brader

Ross Brader — Sun, 31 Jan 2010 23:18:37 +0000

We use a Mac Mini for doing video and our own office website and will probably get an iPad and iPhone.

Would be better if they had multi-task capability though.

Comment on Apple iPad by Neil Walker

Neil Walker — Sat, 30 Jan 2010 04:28:45 +0000

Got to love Apple Ross. Are you getting one? We actually run our who offic on macs.
- Neil

Comment on House price predictions for 2010 by Ross Brader

Ross Brader — Sat, 05 Dec 2009 03:32:04 +0000

Gary – our last few sales comprise:

Buyer who sold 2 years ago buying back in the area
Kiwi couple just arrived back from UK
Local investor buying a bungalow to rent out
Kiwi couple back from Australia
Local couple who just sold and buying a new home to renovate
Family on transfer from the South Island
UK migrant just arrived here
Family who sold in Westmere buying Pt Chev for the school zone
Couple who sold in One Tree Hill buying here for school zone
Couple who sold bungalow to buy a low maintenance townhouse
Lady moving from large family home into single level townhouse
Rental Investor buying a bungalow on a full site (five of these)
Buying north of Meola having sold south of Meola (three of these)
Renting in Waterview – decided to buy in Pt Chev close to the school

Very little speculative or investor activity – pretty much a similar mix of buyer profiles to that of other years.

Comment on House price predictions for 2010 by Gary

Gary — Thu, 03 Dec 2009 20:35:50 +0000

Mike,
Perhaps coastal property is doing well where you are but you need to go visit the far north. It’s taking a bath up there. Talk to some of the real estate agents trying to sell Karikari, Taipa, Cable Bay. No demand and vendors still with their heads in the sand, pointing to unrealistic CV’s issued by the FNDC to generate more rate revenue.

Ross,
Who is buying? Is it investors? Is it renters looking for their first home and now scared of missing the boat again or are they immigrants or Kiwis returning home? I know of several individuals and families looking for their first homes or homes they will live in and finding it hard because they are being priced out of the market again?

I’m not going to predict anything. This last year has proved that no one knows anything about what is happening whether it be in the financial markets or the real estate market.

Comment on House price predictions for 2010 by Mike

Mike — Thu, 03 Dec 2009 01:17:07 +0000

Ross,

We have people actually listening to these guys…..we’ve just had an article in the NZ Herald about coastal property taking a bath……our phone rings hot with people full of doom and gloom when will Kiwi’s learn that the media is there to sell papers and don’t really give a stuff or care what they say….we are a gullible lot. I never read the papers and my days great and so is business!!!!

Cheers for the read and laugh

Comment on Real Estate Agents Act 2008 – New guides are essential by Debra Dorrington

Debra Dorrington — Tue, 24 Nov 2009 04:52:39 +0000

Ross,

I’m interested to hear your take on the new obligations on agents to disclose defects to purchasers and what steps you think agents will take to both protect themselves and ensure vendors don’t sell privately to avoid the need to disclose. I’ve posted something on our blog http://alexanderdorrington.wordpress.com/ It would be good to get your views on the demise of caveat emptor.

Comment on Hampton Downs Motorsport Park by Nelsonian

Nelsonian — Mon, 26 Oct 2009 07:42:35 +0000

This is great news for motor racing fans.
We are trying to get a similar Motorsport Park concept (on a smaller scale) off the ground here in the Top of the South. However time will tell.

Comment on Indulge Food Festival 2009 – Pt Chevalier by Ross Brader

Ross Brader — Mon, 26 Oct 2009 05:46:43 +0000

Garry – my understanding is that Zoodle source their data from Terralink and therefore it only includes sales that have actually settled and the new owner has taken possession/moved in so there is a seriously long lag to the data they use.

My data for Jul/Aug/Sep includes all sales up to 30th Sept that are unconditional. Some of these are not settling until November so it will be a while before they show up in government based statistics.

This also applies to Quotable Value figures and is the reason why REINZ or “coalface” data is usually a lead indicator for the industry.

There were only 24 sales in the quarter or 8 per month so it’s a pretty small sample as the usual volume would be around 14 per month.

The price recovery has been mainly due to a shortage of stock – for example in the middle of January there were around 56 homes for sale in Pt Chev vs only around an average of 15 for sale throughout the third quarter.

The median may change again depending on stock levels. We have several new listings starting this week and many more who want to be sold this side of Christmas.